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Recycling Market Development Zone Revolving Loan Program

Department of Resources Recycling and Recovery

Status:

Active

August 3, 2020

Posted:

Deadline: 

Rolling

Funding

Program:

Dependant on number of submissions received, application process, etc.

Award Floor:

Ceiling:

Match Required?

Eligibility

California

States:

Entity Types:

Small Businesses, For profit organizations other than small businesses, Nonprofit, City or township governments, County governments, Independent School Districts

Eligible Applicants: 1) Private, for-profit entities 2) Nonprofit organizations (except private schools) 3) Local government entities Cities, counties, and cities and counties Regional or local sanitation agencies, waste agencies, and joint powers authority

Contact

Email:

Phone:

1-916-341-6199

Source Type:

State

The Recycling Market Development Zone (RMDZ) program combines recycling with economic development to fuel new businesses, expand existing ones, create jobs, and divert waste from landfills.  ; The Department of Resources Recycling and Recovery (CalRecycle) administers a Recycling Market Development Zone Loan Program to encourage California-based recycling businesses located within California financing businesses that prevent, reduce, or recycle recovered waste materials through value-added processing or manufacturing. The purpose and importance of the RMDZ Program is set forth in Section 42001 of the California Public Resources Code:  “The purpose of this chapter [is] to stimulate the use of postconsumer waste materials and secondary waste materials generated in California as raw materials used as feedstock by private business, industry, and commerce.”

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